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Annamalai Announces New Political Outfit, Triggers Mass Resignations From Tamil Nadu BJP | Top Points

Annamalai said his political ambitions extended beyond the framework of BJP and required a broader platform.

JNCASR researchers develop imaging platform for early detection of cancer and neurological disorders

After Annamalai's exit, TN BJP vice president Karu Nagarajan, 15 others resign from party

Following K. Annamalai's resignation from the BJP and announcement of a new political movement, significant fallout has hit the Tamil Nadu unit. State vice president Karu Nagarajan and 15 other officials, including state secretary Sumathi Venkatesh, have also quit. Annamalai cited differing visions and a desire for a broader platform, while the state BJP president downplayed the impact.

Kerala Forest department launches 24/7 call centre, tech platforms for solar fence and case management

The initiatives include a Forest Call Centre, an online reporting and monitoring portal for solar fences, and the integration of the (Hostile Activity Watch Kernel) platform for handling forest offence records to courts online through the District Court Management System

Meta's highest-paid employee’s 'health message' to Anthropic, OpenAI & Google

Meta's top AI executive, Alexandr Wang, revealed the company's strategy to challenge rivals like OpenAI and Google by focusing on health-related AI capabilities. While acknowledging current models aren't top-tier, Wang highlighted Meta's commitment to advancing AI for health applications, aiming to integrate these features into popular platforms like Facebook and Instagram.

No handshake! French Open semi-final sparks controversy - Watch

Marta Kostyuk again refused to shake hands with Russian player Mirra Andreeva after their French Open semifinal, continuing a stance she has maintained since Russia's invasion of Ukraine in 2022. The Ukrainian views the gesture as a show of solidarity with her country. Kostyuk has also used her platform to highlight the war's humanitarian impact and support for Ukrainians.

Delhi HC protects personality rights of actor Naga Chaitanya

Justice Jyoti Singh, in an interim order, restrained third parties from selling merchandise bearing Mr. Chaitanya’s name and image without consent, and directed the removal of the objectionable content from online platforms

CBSE clarifies re-evaluation payments

The Central Board of Secondary Education (CBSE) on Wednesday clarified that students applying for verification and re-evaluation of Class XII answer sheets do not need to have accounts with State Bank of India, Canara Bank, Bank of Baroda or Indian Bank to make payments on its online portal, addressing confusion that emerged after the system was launched earlier this week, Times of India reported.The clarification came after several students claimed on social media that the portal appeared to restrict payments to customers of the four public sector banks. In a statement posted on X, CBSE said the portal only uses payment gateways operated by these banks and does not require applicants to hold accounts with them.Also Read: Claude, other AI tools used to breach CBSE portals: IIT Panel“Candidates may use the available online payment options — UPI, net banking, credit card and debit card — through the designated gateways,” the board said.CBSE also said the portal continued to function smoothly despite a major cyberattack attempt on Tuesday, shortly after it went live. According to the board, the platform came under a barrage of denial-of-service attacks within minutes of its launch, receiving nearly 1.5 million hits in two minutes along with more than one lakh attempts at unauthorised file access.The board said its technical teams worked continuously to maintain the stability and security of the platform.“The portal has accepted 4,924 applications for verification and 39,056 applications for re-evaluation (total of 43,980) as of 12 noon today,” CBSE said.The board urged students to rely only on official CBSE communication for updates related to the process.Also Read: CBSE re-evaluation portal keeps lakhs of students guessingThe verification and re-evaluation window opened on June 2 for Class XII students who had earlier obtained scanned copies of their answer books evaluated under the board’s new digital On-Screen Marking (OMS) system.

Five Eyes issues 'unprecedented' warning over China's aggressive spying campaign

Chinese intelligence operatives are reportedly using fake job offers on professional platforms to ensnare government and military personnel. The Five Eyes alliance warns these tactics aim to extract sensitive information, with targets pressured to provide confidential details for financial rewards. Western nations urge vigilance against these sophisticated espionage efforts.

India's 'Sudarshan Chakra': Why a nationwide air defence shield is becoming a necessity

A recent Ukrainian drone attack on St. Petersburg, bypassing Russian defenses, highlights the global need for advanced air defense. India is bolstering its capabilities with Mission Sudarshan Chakra, a multi-layered shield inspired by systems like Israel's Iron Dome and US platforms. This ambitious project aims for comprehensive protection by 2035, integrating space-based surveillance and AI.

Audio book platform Kuku files confidential papers for up to Rs 3,500-cr IPO

Kuku Technologies Ltd, which operates vernacular audio platform Kuku FM and short-video streaming app Kuku TV, has filed confidential draft papers with Sebi for an IPO to raise up to Rs 3,000 crore, according to sources. The company is planning to raise between Rs 2,500-Rs 3,500 crore and is targeting a valuation of up to Rs 15,000 crore (about USD 1.8 billion) through the proposed public issue, people familiar with the development said on Thursday. The initial public offering (IPO), expected in the later part of this financial year, will comprise a mix of fresh issue of shares and an offer-for-sale (OFS) by existing investors. Proceeds from the fresh issue will be utilised for strengthening technology and AI infrastructure, content creation and expansion into new geographies. When contacted, Kuku Technologies declined to comment on the proposed offering. Kuku's revenue surged nearly seven-fold to more than Rs 1,400 crore in FY26 from about Rs 240 crore in the previous fiscal, while the company remained close to achieving operational break-even. The company has leveraged artificial intelligence tools to accelerate content production, improve content recommendations and reduce customer acquisition costs. Founded in 2018 by IIT alumni Lal Chand Bisu, Vinod Kumar and Vikas Goyal, Kuku has built a portfolio spanning audio content, microdrama entertainment and edutainment. Its latest offering, Kuku TV, launched in late 2024, focuses on micro dramas -- short-form mobile-first video series with episodes typically lasting two to three minutes. The platform is currently releasing over 150 original shows every month and has crossed 200 million downloads. Industry estimates suggest that India's Hindi and vernacular micro-drama segment is expanding at around 60 per cent annually, driven by rising smartphone penetration and increasing consumption of short-form video content. Across its platforms, including Kuku FM, Kuku TV and Guru, the company has over 10 million active paying subscribers and more than 400 million cumulative downloads. Its content library comprises over 60,000 hours of programming across seven to eight Indian languages. The company has also initiated plans to expand into overseas markets, including the United States. Kuku has raised more than USD 150 million from investors such as Fundamentum Partnership, Krafton, Vertex Ventures, Granite Asia, International Finance Corporation (IFC), Paramark Ventures, India Quotient and 3one4 Capital. Former India cricket captain MS Dhoni is also among its investors. Kotak Mahindra Capital, Jefferies, JM Financial and Axis Capital are acting as the book-running lead managers to the issue.

$5 billion-plus company GitLab cuts hundreds of jobs, exits 22 countries; CEO blames it on AI

GitLab is laying off 14% of its workforce and exiting 22 countries as part of a restructuring to focus on the "agentic era" of software development. CEO Bill Staples stated that savings will be reinvested into AI products, particularly the Duo Agent Platform, to position GitLab as the enterprise platform for AI-driven software creation.

Brokers prepare rollout of algo trading tools for retail investors

Mumbai: Major brokers are preparing to roll out algorithmic tools for retail traders over the next few months, amid greater regulatory clarity on retail participation in such trading practices.The move is set to not only help brokers expand revenue streams by charging fees to access the trading algorithms (algos), but also help fintech firms scale up by distributing their algo strategies across multiple platforms. Retail clients may be able to access such strategies for as little as ₹5,000 per strategy.Algorithmic or algo strategies use computer programs or pre-set formulas to execute trades when certain conditions like price, volume or technical patterns are met.Sebi's revised framework for safer participation of retail investors in algorithmic trading has been fully implemented since April 2026. It stipulates that brokers must obtain exchange approval for each algo, tag all orders for audit trails, monitor application programming interface (APIs), and handle investor grievances. In addition, exchanges must supervise algo trading through testing and surveillance. Given the regulatory clarity, many brokers have now rushed to provide services.Large traditional brokers such as HDFC Securities and Motilal Oswal Financial Services already provide algos to clients. Other brokers are in the process of launching such services. Raise Securities, which owns Dhan trading platform, recently acquired the algo-provider startup Stratzy. Angel One, Upstox, SBI Securities, Kotak Securities, IIFL Capital Services and 5paisa are also preparing to offer these services to clients. Groww is also in conversation with algo platforms to onboard some strategies. Email sent to Groww did not elicit a response until press time."While algo trading has been around for some time using APIs provided by brokers, we expect higher adoption by retail customers in the long term," said Gaurav Seth, managing director and chief executive officer at 5paisa Capital.The algo strategies are expected to attract retail derivatives traders. Currently, 12 algo providers or vendors are registered with the NSE.According to Mohit Bhandari, cofounder and chief executive of Stratzy, an algo strategy provider, most retail traders either do naked derivatives trading, or have to create trading strategies using multiple futures and options to hedge their risk, which is difficult to track. "Algo trading provides convenience through automation. It also becomes much easier to deploy sophisticated strategies," Bhandari said.Brokers eye algos offerings"The algorithmic trading landscape is becoming increasingly competitive. We anticipate a significant shift in trading volumes toward algorithmic strategies over the next two years," said Puneet Maheshwari, director at Upstox.

CJP: Have no political links, fight bigger than any party

Ahead of a June 6 protest, the satirical platform Cockroach Janta Party (CJP) appointed three spokespersons to address public anger over examination controversies. The group, demanding the Education Minister's resignation, dismissed claims of being proxies for political opponents, emphasizing their fight is larger than individual affiliations.

Big fleet expansion: Navy to add 4 made-in-India warships, one survey vessel this month

The Indian Navy is set to significantly expand its fleet this month by inducting five indigenously-built naval platforms. These include two Project 17A stealth frigates, a survey vessel, and two anti-submarine warfare crafts, enhancing maritime security and reducing foreign dependence. The new additions bolster India's growing indigenous shipbuilding capabilities and combat readiness.

She Said Yes, Army Said No: Officer’s Viral Proposal May Invite Show-Cause Notice

Videos of the proposal, which quickly spread across social media platforms, showed the officer kneeling on the tarmac.

GST ruling may cast wider tax net over casinos

The recent Supreme Court (SC) judgment on online gaming and betting is expected to have wider implications across gambling, horse racing, and casinos, experts feel. The court clarified that the GST valuation framework is not confined to any one segment but applies across betting and gambling activities.The ruling makes it clear that the tax framework cannot be read narrowly. “Rule 31A… applies broadly to all betting, gambling and horse racing… Limiting its applicability only to horse racing would render parts of the rule otiose,” a PwC India note on the SC ruling said.Nitin Vijaivergia, partner at Pricewaterhouse & Co LLP, said the judgment upholds the imposition of the top GST slab on online gaming platforms, triggering significant retrospective tax exposure. The court’s reasoning also centres on how such transactions are structured. It has been clarified that in betting and gambling, valuation can be based on the full amount staked and not merely on a narrower measure.“Section 15(1)… permits valuation based on the entire stake,” and “merely because a different method of valuation… may also have been possible, it does not render the Rule unconstitutional,” the note added.For online gaming and casinos, the judgment clarifies when tax liability arises. The court held that the taxable event is triggered when players commit funds to participate in games with uncertain outcomes and no longer retain control over those funds.This also alters the treatment of player funds. The ruling notes that once amounts are committed for participation, “such arrangements cannot be considered deposits or entrustments,” and “the entire staked amount is treated as consideration for the supply.”In the case of casinos, the position is very clear. The court held that tax would be levied on each instance of staking money on an uncertain outcome, and not on the operator’s net earnings or gross gaming revenue.“The mention of staking money on ‘uncertain future outcomes’ may have broader implications for promotional and skill contests with deterministic scoring, and similar other formats. Key operational elements such as wallet architecture, re-deposits, and cashback will be crucial to determine tax demands, especially considering amendments to GST Rules 31 and 31B affecting valuation,” Vijaivergia said.Tax experts say that, broadly, the GST law will now apply where money or money’s worth is staked on uncertain outcomes, and such amounts are treated as consideration for the supply.

As screens shrink, Tamil entertainment finds new ways to tell stories

KadhaiShorts, a micro drama platform launched recently, aims to bring vertical story telling packaged into snackable two-minute episodic content to the Tamil audience across the world

Tata taps China's Chery for premium EV push

Tata will use Chery’s platform to locally build EVs under its premium Avinya brand with plans for at ‌least two cars, the first of which will be launched in 2027

Nearly Five Years In Jail, Trial Far From Over: Delhi Court Grants Bail To ISIS Module Accused

The NIA’s 2021 ISIS module case relates to an alleged network accused of radicalising and recruiting youths through encrypted social media platforms.